Industry Insights: Business Owner Salaries Unveiled
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In this episode of the Hardscape Growth, we have our returning guest Weston from SynkedUp on the topic of salaries for owners! As we approach the end of 2023, many hardscape construction business owners are pondering the age-old question: Can I afford to give myself a raise next year? Well, today, we’re about to pull back the curtain on this critical industry benchmark!
He’s gathered data from hundreds of landscape construction companies across the USA and Canada. Our mission? To uncover just how much the average business owner pays themselves.
We tackle the two common pitfalls that owners often stumble into, exploring how they frequently miscalculate their estimates and fail to grasp their production capacity. Then, at the 4-minute mark, we break down the data into three distinct bands based on annual revenue.
As we journey through these salary bands, we’ll discuss strategies for business success, growth, and the importance of documentation in solidifying your position in the industry.
Tune in to “The Hardscape Growth Podcast” and get ready to gain invaluable insights into the world of hardscape construction business ownership. Your raise in 2024 might just depend on it!
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